WIFO-Konjunkturtest

The WIFO-Konjunkturtest (business cycle survey) is a monthly survey of Austrian companies on their economic situation and its development in the coming months. The results of the WIFO-Konjunkturtest help to reliably assess the economic development in Austria at an early stage. The WIFO-Konjunkturtest has been conducted since 1954 and has been part of the "Joint Harmonised EU Programme of Business and Consumer Surveys" since 1996.

Further information on the WIFO-Konjunkturtest can be found here.

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Werner Hölzl, Jürgen Bierbaumer, Michael Klien, Agnes Kügler
Konjunkturdynamik weiter rückläufig. Ergebnisse des WIFO-Konjunkturtests vom Juni 2023 (Economic Dynamics Continue to Decline. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of June 2023)
WIFO Business Cycle Survey, 2023, (6), 13 pages
Commissioned by: European Commission
Study by: Austrian Institute of Economic Research – Economic and Social Science Computing Center
Online since: 29.06.2023 14:00
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Die Ergebnisse des WIFO-Konjunkturtests zeigen im Juni eine deutliche Abkühlung der Konjunktureinschätzungen der österreichischen Unternehmen. Der WIFO-Konjunkturklimaindex notierte mit –0,9 Punkten (saisonbereinigt) 5,7 Punkte unter dem Wert des Vormonats (4,8 Punkte). Die Lagebeurteilungen trübten sich über die Branchen hinweg ein und notierten insbesondere in der energieintensiven Sachgütererzeugung tief in negativen Bereichen. Auch die Konjunkturerwartungen gingen deutlich zurück und zeigen für alle Branchen skeptische Konjunkturausblicke. Die Verkaufspreiserwartungen gingen weiter zurück, blieben aber in den Dienstleistungen und im Einzelhandel weiter überdurchschnittlich.
Research group:Macroeconomics and Public Finance – Industrial, Innovation and International Economics – Regional Economics and Spatial Analysis
Language:German
Economic Dynamics Continue to Decline. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of June 2023
The results of the WIFO-Konjunkturtest (business cycle survey) show a clear cooling of the economic assessments of Austrian companies in June. The WIFO Business Climate Index stood at –0.9 points (seasonally adjusted), 5.7 points below the value of the previous month (4.8 points). The assessments of the current situation clouded over across the sectors and were deeply negative, especially in the energy-intensive manufacturing sector. Economic expectations also declined significantly, showing a sceptical economic outlook for all sectors. Sales price expectations continued to decline but remained above average in services and retail trade.
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